Economics of Books

So, it turns out that used books are worth almost nothing, unless, of course, you want to buy them.

Dad’s been sending us a lot of his books, so we’ve been trying to make room by selling books we don’t want. Most of the books we don’t want are going for $0.01 on Amazon. It turns out it’s not profitable to sell books for $0.01 on Amazon unless you sell at least 40 books per month, because:

Amazon charges $2.34 commission on the sale of a $0.01 book. They also charge the buyer $3.99 for shipping, which they pass on to you. This means that you get a total of $1.66. If the book weighs more than 3 ounces, it will cost more than $1.66 to ship the book. If you’re a pro-seller, you can pay them $39.99/month, and they’ll waive $0.99 of that that $2.34. That means you then have to ship the book for less than $2.65, which is totally doable. But we’re not pro sellers, so we went looking for a good used book store.

(Note, here, that if you’re looking to buy used books on Amazon, even $0.01 books will cost you $4.00 because of the $3.99 shipping. Which is why you can often do better at a place like Half Price. But you have to go there. And pay tax.)

Half Price books only pays pennies on the dollar for books they buy from you, but they’ll at least accept anything, even if they’re only going to recycle it. Unfortunately, there are no Half Price Books in Colorado, apparently because of a trademark issue. So we went to the Book Rack, which appeared to be our best bet. (Amusingly, we bought a book from Half Price in Oklahoma that had, at some point, been sold by the Book Rack in Colorado Springs, according to the stamp inside.)

We brought a box of 25 books to the Book Rack. They were willing to buy 3 of them for $3.00, or give us $9 in-store credit for them. The in-store credit has a catch, though, and you can only use 50% of the in-store credit on any purchase. We roamed around the store and managed to find 6 books we wanted, for a total of about $18, costing us a total of $9.

Goal: Get rid of some books.
Actual Result: We brought 25 books to the Book Rack, and left with 28 books and $9 poorer. I’m not sure we succeeded.

737 on a Train

While on my evening bicycle ride (Jonah couldn’t come because her saddle was broken like I told her it would be a few weeks ago), I was pleased to see a stopped train on the track next to the trail. Much of the trail either parallels the train, or runs on an older rail bed, so it’s common to see trains. There’s just one section of double track in the immediate area, so there’s often a train stopped there, waiting for the track to be free. Something like 90% of the trains I see on this line are full of nothing but coal, so the fact that there wasn’t a single coal car on this one immediately caught my attention. It appeared to be hodge-podge collection of stuff headed to the pacific northwest. Factory-bound steel, some propane, a lot of empty cars, several containers, and unidentifiable stuff stacked on flatbeds. When I got to the front of the train, which appeared likely to head northbound once it started moving, I was awfully surprised to a three brand-new 737 fuselages! That’s not something I’ve ever noticed on a train, before. They were green-wrapped, of course, and appeared to have sequential serial numbers. The fuselages are assembled in Wichita before they head to Renton, Washington for the final assembly. It’s fun to see American industry at work.


They appear to be on special cars (they don’t actually fit all on one, they hang over the next one!), and I bet the funky-shaped containers have other plane bits inside.